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Saturday, March 11, 2006

 

HW: Halliburton overcharges Navy for cleanup labor

WASHINGTON, March 11 (HalliburtonWatch.org) -- Halliburton's KBR subsidiary may have over-billed the Navy for labor costs during clean-up work in the aftermath of Hurricane Ivan, the Pentagon's inspector general reported March 3rd. The report said KBR's subcontractors had been billing for labor at rates "significantly higher" than the prevailing market rate. Hurricane Ivan came ashore near Gulf Shores, Alabama, on September 16, 2004 as a Category 3 storm.

"The rates paid to some KBR subcontractors for labor were significantly higher than the prevailing Bureau of Labor Statistics rates for the area impacted by the hurricane (Pensacola, Florida)," the report said, adding that "additional review" is needed to make a final conclusion. The inspector general is conducting a follow-on audit.

Full Halliburton Watch story.

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